Bertelsmann Digital Media Investments, the corporate venturing unit of the eponymous Germany-based media company, has invested a seven digit sum in Returbo, a Germany-based ecommerce company.
Jan Borgstädt, head of European Ventures at BDMI, said: “Returbo has quickly attained an attractive position in the fast-growing e-commerce sector – especially by intelligently combining B2B and B2C. This investment is an excellent opportunity for us to continue developing this innovative model with a highly motivated team and to participate in Returbo’s growth.”…
